C3.ai Fiscal Q2 Loss Narrows, Revenue Rises; FY Revenue Guidance Boosted; Shares Jump After Hours

MT Newswires Live

Dec 10, 2024

C3.ai (AI) reported a fiscal Q2 non-GAAP loss late Monday of $0.06 per diluted share, narrowing from the loss of $0.13 a year earlier.

Analysts polled by FactSet expected a loss of $0.16.

Revenue in the three months ended Oct. 31 rose to $94.3 million from $73.2 million a year earlier.

Analysts surveyed by FactSet expected $91 million.

The company expects fiscal Q3 revenue of $95.5 million to $100.5 million. Analysts polled by FactSet expect $97.6 million.

C3.ai raised fiscal 2025 revenue guidance to the range of $378 million to $398 million from $370 million to $395 million. Analysts polled by FactSet expect $382.6 million.

Shares of the company jumped 16% in recent after-hours activity.

Price: 48.50, Change: +6.82, Percent Change: +16.36

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Analysts polled by FactSet expect $97.6 million.</p><p>C3.ai raised fiscal 2025 revenue guidance to the range of $378 million to $398 million from $370 million to $395 million. Analysts polled by FactSet expect $382.6 million.</p><p>Shares of the company jumped 16% in recent after-hours activity.</p><p>Price: 48.50, Change: +6.82, Percent Change: +16.36</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AI","symbol_name":"C3.ai, Inc.","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2490853070","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490853070","pubTimestamp":1733780034,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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